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ECONOMIC PERFORMANCE

The most recent statistics for Malaysia as produced by the Economic Planning Unit are as follows - 

Malaysia is no stranger to living on borrowed money and the government has been running a deficit for many more years than a surplus as shown in the following graph produced by the reserve bank (Bank Negara) - 

Interestingly, Malaysia's deficit has mostly been funded by domestic borrowing and it has very little foreign debt -

More explanation on Malaysian government debt and economics can be found on http://econsmalaysia.blogspot.com/p/faq-on-malaysian-government-debt.html

MALAYSIA

THE COUNTRY 

Malaysia gained independence in 1957 from British colonial rule. Malaysia consists of two distinct territories separated by the South China Sea into West Malaysia and East Malaysia. West Malaysia, also referred to as Peninsula Malaysia, is situated north of the island of Singapore and shares a common mainland boundary with Thailand. East Malaysia, consisting of the two Malaysian states of Sabah and Sarawak is situated on the island of Borneo, which they share with the sovereign state of Brunei and Kalimantan, a territory of Indonesia. 

Malaysia is divided into 13 states and 3 Federal Territories.

The three Federal Territories of Wilayah Persekutuan, Putrajaya and Labuan are all governed directly by the Federal government of Malaysia. Wilayah Persekutuan comprises the whole of Kuala Lumpur and is also the capital of the country. Putrajaya is the administrative center of the country. Labuan, a small island off the state of Sabah in East Malaysia, is an offshore financial center.